IoT Sensors Market Size, Share, and Trends Analysis Report

CAGR :  Diagram

Market Size 2023 (Base Year) USD 21.27 Billion
Market Size 2032 (Forecast Year) USD 34.73 Billion
CAGR 5.6%
Forecast Period 2024 - 2032
Historical Period 2018 - 2023

IoT Sensors Market Insights

A latest report by Market Research Store estimates that the Global IoT Sensors Market was valued at USD 21.27 Billion in 2023 and is expected to reach USD 34.73 Billion by 2032, with a CAGR of 5.6% during the forecast period 2024-2032. The report IoT Sensors Market overview, growth factors, restraints, opportunities, segmentation, key developments, competitive landscape, consumer insights, and market growth forecast in terms of value or volume. These structured details offer an all-inclusive market overview, providing valuable insights for investment decisions, business decisions, strategic planning, and competitive analysis.

IoT Sensors Market Size

The report covers forecast and analysis for the IoT sensors market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based revenue (USD Million). The study includes drivers and restraints for the IoT sensors market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the IoT sensors market on a global level.

In order to give the users of this report a comprehensive view on the IoT sensors market. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the IoT sensors market has also been included. The study encompasses a market attractiveness analysis, wherein type segments and application segments are benchmarked based on their market size, growth rate and general attractiveness.

IoT Sensors Market: Report Scope

Report Attributes Report Details
Report Name IoT Sensors Market
Market Size in 2023 USD 21.27 Billion
Market Forecast in 2032 USD 34.73 Billion
Growth Rate CAGR of 5.6%
Number of Pages 110
Key Companies Covered Robert Bosch GmbH, Infineon Technologies, InvenSense Inc., Libelium, ARM Holdings Plc., Digi International Inc., STMicroelectronics N.V., Honeywell International Inc., and Ericsson
Segments Covered By Types, By Applications, By , And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2023
Forecast Year 2024 to 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

The study provides a decisive view on the IoT sensors market by segmenting the market based on types, applications and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Based on types the market is segmented into pressure sensors, temperature sensors, accelerometers, gyroscopes, magnetometers, light sensors, others. Key application market covered under this study includes healthcare, automotive, consumer electronics, building automation, industrial, retail and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. This segmentation includes demand for IoT sensors based on individual applications in all the regions and countries.

The report also includes detailed profiles of end players such as

  • Robert Bosch GmbH
  • Infineon Technologies
  • InvenSense Inc.
  • Libelium
  • ARM Holdings Plc.
  • Digi International Inc.
  • STMicroelectronics N.V.
  • Honeywell International Inc.
  • Ericsson.

The detailed description of players includes parameters such as company overview, financial overview, business and recent developments of the company.

This report segments the global IoT sensors market as follows:

Global IoT sensors Market: Type Segment Analysis

  • Pressure Sensors
  • Temperature Sensors
  • Accelerometers
  • Gyroscopes
  • Magnetometers
  • Light Sensors
  • Others

Global IoT sensors Market: Application Segment Analysis

  • Consumer Electronics
  • Healthcare
  • Automotive
  • Industrial
  • Building Automation
  • Retail
  • Others

Global IoT sensors Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK 
  • Asia Pacific
    • China
    • Japan
    • India 
  • Latin America
    • Brazil
  • Middle East and Africa

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